Trucking Calculator – Loan calculator

Trucking Trip Profitability Calculator

Estimate the profitability of your next trucking trip by factoring in revenue and various operational costs.

Trip Distance (miles): Rate Per Mile ($): Truck's Fuel Efficiency (MPG): Average Fuel Price ($/gallon): Driver Pay Per Mile ($): Maintenance Cost Per Mile ($): Toll Costs Per Trip ($): Other Fixed Costs Per Trip ($):

Understanding Trucking Trip Profitability

For owner-operators and trucking companies, accurately calculating the profitability of each trip is paramount to sustainable business operations. This Trucking Trip Profitability Calculator helps you quickly estimate your potential earnings and costs, allowing for better decision-making on loads and routes.

Key Factors in Trucking Profitability:

Trip Distance: The total miles covered for the trip. This directly impacts revenue and mileage-based costs.
Rate Per Mile: The revenue generated for each mile driven. This is the primary income source for a trip.
Truck's Fuel Efficiency (MPG): How many miles your truck can travel per gallon of fuel. A higher MPG means lower fuel costs.
Average Fuel Price: The cost of fuel per gallon. Fuel is often the largest variable expense for truckers.
Driver Pay Per Mile: The amount paid to the driver for each mile driven. For owner-operators, this represents their own compensation.
Maintenance Cost Per Mile: An estimated cost for wear and tear, routine maintenance, and potential repairs, spread across the miles driven.
Toll Costs Per Trip: Specific costs incurred for using toll roads or bridges during the trip.
Other Fixed Costs Per Trip: Any other non-mileage-based expenses for the trip, such as permits, parking fees, or specific load-related charges.

How the Calculator Works:

The calculator takes your inputs and performs the following calculations:

Total Revenue: Trip Distance × Rate Per Mile
Total Fuel Cost: (Trip Distance / Fuel Efficiency) × Average Fuel Price
Total Driver Pay: Trip Distance × Driver Pay Per Mile
Total Maintenance Cost: Trip Distance × Maintenance Cost Per Mile
Total Trip Costs: Sum of all calculated costs (Fuel, Driver Pay, Maintenance, Tolls, Other Fixed Costs)
Net Profit: Total Revenue – Total Trip Costs
Profit Margin: (Net Profit / Total Revenue) × 100%
Cost Per Mile: Total Trip Costs / Trip Distance

Example Scenario:

Let's consider a 1,500-mile trip with a rate of $2.50 per mile. The truck gets 6.5 MPG, and fuel costs $3.80 per gallon. The driver is paid $0.60 per mile, and maintenance is estimated at $0.15 per mile. There are $50 in tolls and $100 in other fixed costs for the trip.

Trip Distance: 1,500 miles
Rate Per Mile: $2.50
Truck's Fuel Efficiency: 6.5 MPG
Average Fuel Price: $3.80/gallon
Driver Pay Per Mile: $0.60
Maintenance Cost Per Mile: $0.15
Toll Costs Per Trip: $50
Other Fixed Costs Per Trip: $100

Using these values, the calculator would determine:

Total Revenue: $3,750.00 (1500 * 2.50)
Total Fuel Cost: $876.92 ((1500 / 6.5) * 3.80)
Total Driver Pay: $900.00 (1500 * 0.60)
Total Maintenance Cost: $225.00 (1500 * 0.15)
Total Tolls & Other Costs: $150.00 (50 + 100)
Total Trip Costs: $2,151.92 (876.92 + 900 + 225 + 150)
Net Profit: $1,598.08 (3750 – 2151.92)
Profit Margin: 42.62% (1598.08 / 3750 * 100)
Cost Per Mile: $1.43 (2151.92 / 1500)

This example demonstrates how various factors contribute to the overall profitability, highlighting areas where efficiency improvements or better load selection can significantly impact the bottom line.

function calculateTruckingProfit() { // Get input values var tripDistance = parseFloat(document.getElementById('tripDistance').value); var ratePerMile = parseFloat(document.getElementById('ratePerMile').value); var fuelEfficiency = parseFloat(document.getElementById('fuelEfficiency').value); var fuelPrice = parseFloat(document.getElementById('fuelPrice').value); var driverPayPerMile = parseFloat(document.getElementById('driverPayPerMile').value); var maintenanceCostPerMile = parseFloat(document.getElementById('maintenanceCostPerMile').value); var tollCosts = parseFloat(document.getElementById('tollCosts').value); var otherFixedCosts = parseFloat(document.getElementById('otherFixedCosts').value); var resultDiv = document.getElementById('result'); resultDiv.innerHTML = "; // Clear previous results // Validate inputs if (isNaN(tripDistance) || tripDistance < 0 || isNaN(ratePerMile) || ratePerMile < 0 || isNaN(fuelEfficiency) || fuelEfficiency <= 0 || isNaN(fuelPrice) || fuelPrice < 0 || isNaN(driverPayPerMile) || driverPayPerMile < 0 || isNaN(maintenanceCostPerMile) || maintenanceCostPerMile < 0 || isNaN(tollCosts) || tollCosts < 0 || isNaN(otherFixedCosts) || otherFixedCosts 0) { profitMargin = (netProfit / totalRevenue) * 100; } var costPerMile = 0; if (tripDistance > 0) { costPerMile = totalTripCosts / tripDistance; } // Display results var resultsHTML = '

Trip Profitability Results:

'; resultsHTML += 'Total Revenue: $' + totalRevenue.toFixed(2) + "; resultsHTML += 'Total Fuel Cost: $' + totalFuelCost.toFixed(2) + "; resultsHTML += 'Total Driver Pay: $' + totalDriverPay.toFixed(2) + "; resultsHTML += 'Total Maintenance Cost: $' + totalMaintenanceCost.toFixed(2) + "; resultsHTML += 'Total Tolls & Other Costs: $' + totalTollsAndOtherCosts.toFixed(2) + "; resultsHTML += 'Total Trip Costs: $' + totalTripCosts.toFixed(2) + "; resultsHTML += 'Net Profit: $' + netProfit.toFixed(2) + "; resultsHTML += 'Profit Margin: ' + profitMargin.toFixed(2) + '%'; resultsHTML += 'Cost Per Mile: $' + costPerMile.toFixed(2) + "; resultDiv.innerHTML = resultsHTML; }